|
|
|
Author: James Rundle
Source: Sell-Side Technology | 22 Sep 2011
Categories: Smart Order Routing
Topics: Iress Market Technologies
Iress has announced the release of its new smart order-routing system, Best Market Router (BMR) 1.03.
Integrated with the Iress trading platform, the router provides support for all existing dark order venues, and is also compatible with the company's low-latency market data platform.
New features from previous versions include an automated bulk order transfer facility, and split volume multi-market execution.
"Smart order-routing isn't a set-and-forget strategy, and can't rely on generic implementations unable to adapt locally," says Andrew Walsh, managing director at Iress. “Iress has demonstrated the willingness and capability to optimize around local conditions and set the [smart order-routing] benchmark for regulatory compliance, configurability, liquidity sourcing and defending against predatory algorithms."
More from Sell Side Technology
Related Articles
Latest Media
Events
Updating your subscription status 
Subscribe to WatersTechnology
WatersTechnology has been designed with our end-users in mind so now you can pick and choose what content you wish to subscribe to and make considerable savings.
Visit our subscribe page now to see which WatersTechnology subscription package suits you.
Events
Training
Email Alerts
Latest Whitepapers
New regulations such as Basel III are changing trading and risk practices by rewarding banks that actively manage their risk exposure at an enterprise...
Supporting multiple securities identifiers imposes an operational burden that adds cost and latency to critical trading processes. Bloomberg’s recently...
Visitor comments Add your comment